Starting a Car Wash
If you’re an aspiring entrepreneur trying to figure out what kind of business you want to establish, you may want to consider opening a car wash. According to a report by Grand View Research, in 2020 the global car wash industry had a market size value of $27.8 billion and a revenue forecast of $37.6 billion by 2028. The same report highlights that the industry is expected to grow at a rate of 3.8% from 2021 to 2028, with the North American region having the largest market share globally.
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Including full-service car washes, conveyor car washes, self-serve car washes and in-bay automatic car washes, there are approximately 113,000 car washes operating in the United States. The car wash industry employs 350,000 people throughout the country and generates around $5.8 billion in revenue annually. Even though an increasing number of investors, gas and convenience stores are entering the car was industry, independent entrepreneurs still own 90 percent of car washes in operation.
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